News
Yardi Matrix: Portland’s Promise
Multifamily Summer Report 2016: Broad-based job growth and a constant influx of Millennials have propelled apartment rent increases in Portland to among the highest in the nation.
Iconic Luxury Hotel in Boston Taps New Manager
Glenn Sampert previously led operations at several other Starwood properties, including The Westin Maui Resort & Spa and The Sheraton Nassau Resort & Casino.
Best Market Settles Down in Long Island
The company’s new Bay Shore headquarters will also serve as a distribution center and regional food hub.
Newmark, Olmstead Close Queens LIC Purchase
The joint venture partners paid $61 million for a six-story office asset in Long Island City.
Economy Watch: Employment Surges Again in July
Employers found themselves in need of more workers again in July, creating a net of 255,000 jobs in July, according to the BLS.
Crescent to Manage Iconic Golf Resort in Texas
The Horseshoe Bay Resort is located on the shore of LBJ Lake, within a one-hour drive from the Austin Airport.
Phillips Edison Appoints New VP
Dawn Stamper, the company’s new regional vice president, will be in charge of all Mid-Atlantic property management operations.
Aloft Atlanta Hotel Lands New Owners
The purchase price for the 254-key hotel was $43.5 million.
TIAA, GGP Go Shopping in Vegas
TIAA Global Asset Management purchased a 50 percent stake in the Fashion Show Mall for a whopping $1.25 billion.
LA Plaza Village Breaks Ground in El Pueblo
The 355-unit, transit-oriented multifamily development will also include 43,700 square feet of retail space.